Demand Spurs
Global Output Pace,
Raises Price Fears

WASHINGTON -- Global economic output is growing faster than was expected just a few months ago, fueled by demand in China, India and other developing countries, the International Monetary Fund said.

China alone will account for about a quarter of global growth this year, IMF officials said. For the first time, China, whose economy is expected to expand 11.2% this year and another 10.5% next year, has become the largest contributor to...